The J.U.P Planetary Call #19 ft. ASR Updates | Jupiter 🪐 on Binance Square

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The J.U.P Planetary Call #19 ft. ASR Updates

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Tomorrow, we’ll be doing the first Planetary Call for Juply, at the OG time of 3:30 PM UTC / 11:30 AM EST on Wednesday. Hear from @defiracer about an amazing new product that will help unlock a new way to trade, new tokens everywhere you go. @weremeow and @0xSoju will also talk about the Juply plans, and do a detailed deep dive into the Active Staking Rewards coming up this week. We’ll also hear from @aliquotchris from @saydialect about the Blinks launch last week, and Jupiter will shed some more light into our plans going forward with Blinks. Ending off would be a special GUM Feature: @dVINLabs to talk about their plans to tokenize as many bottles of wine and champagne as possible an Don’t miss it.

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J4J is more than a slogan. It’s a fundamental principle of Jupiter: everyone who contributes value should receive value. This week, we're thrilled to take this up a notch with the distribution of roughly $60M worth of Active Staking Rewards (ASR). If you voted on any JUP DAO proposals in the last 3 months, you’ll be eligible to receive ASR commensurate with your staked JUP and voting activity. The total pool will include: 50M $JUP, 7.5B $WEN, 7.5M $ZEUS, 7.5M $UPT and 750K $SHARK. The $JUP itself will be staked automatically, while the rest of the tokens will be claimable on our upcoming ASR page. Note that if you’re currently in the process of fully unstaking, you will need to wait until your $JUP is unstaked or cancel your unstake before you can claim your $JUP ASR. Expect to see a new ASR page, which includes a summary of your voting activity and allocated rewards, shortly! If you have any questions, please respond with them here or on Jupiter's Discord.

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Buckle up. Over the next two months, the Jupiverse will have 3 critical votes, 2 token launches, and 1 delightful reward for Catdets everywhere. Here’s the high-level view of where we’re going, together: July kicks off with the inaugural Active Staking Rewards (ASR) claim for everyone who voted on proposals from March to June. Then, the cloudmen of @sanctumso will be launching the $CLOUD token on the LFG Launchpad. Before the end of July, we’ll have the first pivotal J4J vote on reducing long-term emissions and the $JUP token supply by 30%. August will start with a vote on the continuation of Jupuaries, where users of Jupiter products receive a $JUP airdrop. After that, @deBridgeFinance will launch their $DBR token on the LFG Launchpad. Finally, there will be a vote on the last element of the new J4J plan on renewing ASR beyond the first 2 quarters. If that feels like a lot to keep track of: don’t worry, we got you. Expect detailed content around key JUP ideas such as 50/50, Jupuary, ASR, Community Eats First (CEF), and Giant Unified Market (GUM) to be released from @JupiterExchange and @weremeow over this period. J4J.

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PYUSD is live on Jupiter! PYUSD is a new stablecoin by @PayPal, launched on Solana. PYUSD will also be available across all our payment integrations, such as @sphere_labs and @helio_pay. CA: 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo

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